Question 3011 of 303 · California Life-Only Agent Exam

What is the purpose of errors and omissions insurance for an agent?

Exactly one answer is correct.

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Correct answer to question 3011

  • C: To protect the agent against claims arising from mistakes in services

Explanation

E&O coverage protects against liability for negligence, errors, or failure to act, such as not placing coverage a client requested.

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